Everything you need to know about Bitcoin mining

BTC.com

The official BTC.com sub-reddit. BTC.com provides a secure and trusted bitcoin wallet. Popular block explorer and a powerful and open-source mining pool.
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Bitcoin Mining News

BlockBurner is a Bitcoin mining community and news site
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wafflepool.com - An auto switching scrypt coin mining pool

WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
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Bitcoin Mining/block difficulty vs Vertcoin difficultly.

From what I understand the difficulty updates every 2016 blocks. Block times are 10 minutes, and a halving happens every 210,000 blocks which is about 4 years.
If say China backed out and we suddenly lost 90% of the hash rate how long would it take to process 2016 blocks for the difficulty to adjust (in this case decrease)? Would it be close to 50-60 days? From my understanding once the block difficulties adjust for the hash rate drop it would be more profitable for small time miners to start mining again.
If everything stays as is right now when is the next block halving?
If say the hash rate drops 90% for the long term when would the next halving happen?
This is why I like Vertcoin ability to correct itself much faster.
submitted by Dobsie2 to vertcoin [link] [comments]

Questions about Bitcoin Mining/block difficulties

From what I understand the difficulty updates every 2016 blocks. Block times are 10 minutes, and a halving happens every 210,000 blocks which is about 4 years.
If say China backed out and we suddenly lost 90% of the hash rate how long would it take to process 2016 blocks for the difficulty to adjust (in this case decrease)? Would it be close to 50-60 days? From my understanding once the block difficulties adjust for the hash rate drop it would be more profitable for small time miners to start mining again.
If everything stays as is right now when is the next block halving?
If say the hash rate drops 90% for the long term when would the next halving happen?
submitted by Dobsie2 to CryptoCurrency [link] [comments]

Bitcoin mining/block hashing simulator

submitted by BobAlison to Bitcoin [link] [comments]

Bitcoin mined blocks by pools

Bitcoin mined blocks by pools submitted by Egon_1 to btc [link] [comments]

Alex Petrov: "Bitcoin mined blocks statistics, Dynamics"

Alex Petrov: submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Alex Petrov: "Bitcoin mined blocks statistics, Dynamics" /r/btc

Alex Petrov: submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mined blocks by pools

Bitcoin mined blocks by pools submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Alex Petrov: "Bitcoin mined blocks statistics, Dynamics"

Alex Petrov: submitted by Egon_1 to btc [link] [comments]

[HALVING MEGATHREAD] Block 630000 has been mined. Mining subsidy is now 6.25 BTC per block. The third Bitcoin Halving is now complete!

As of now, 630,000 blocks have been mined on the Bitcoin network, and the block reward has successfully halved for the second THIRD time. The previous block reward was 12.5 BTC, and the new block reward is now 6.25 BTC. Since the previous halving at Block 420000, monetary inflation decreased from 4.17%% to 3.57%. Block 630000 signals an immediate 50% reduction to 1.79%. The next halving will occur at Block 840000 in approximately four years. Godspeed, Bitcoin!
Here's Block 630000 in all its glory!
{ "hash": "000000000000000000024bead8df69990852c202db0e0097c1a12ea637d7e96d", "confirmations": "1", "strippedsize": "1186930", "weight": "3993250", "height": "630000", "version": "536870912", "merkleroot": "b191f5f973b9040e81c4f75f99c7e43c92010ba8654718e3dd1a4800851d300d", "tx": "3134", "time": "1589225023", "nonce": "2302182970", "bits": "387021369", "difficulty": "16104807485529", "previousblockhash": "0000000000000000000d656be18bb095db1b23bd797266b0ac3ba720b1962b1e", } 
coinbase transaction: 6.25 BTC + 0.90968084 BTC in fees
block size: 1186.93 KB
transactions: 3134
total bitcoins: 18,375,000
remaining bitcoins: ~2,625,000
previous halving: 3 years 10 months 2 days 2 hours 37 minutes 30 seconds ago
[Monetary Inflation Chart] [Controlled Supply] [Bitcoin Clock]
[blockstream.info] [insight.io] [tradeblock.com] [mempool.space] [btc.com] [blockchain.com]
submitted by BashCo to Bitcoin [link] [comments]

Block.one explores Bitcoin and Ethereum mining - The Cryptonomist

Block.one explores Bitcoin and Ethereum mining - The Cryptonomist submitted by AlanOne89 to eos [link] [comments]

Bar on the Block webinar: Bitcoin Mining. Market Overview

submitted by DCC_Official to economy [link] [comments]

Bar on the Block webinar: Bitcoin Mining. Market Overview

submitted by DCC_Official to FintechEU [link] [comments]

Latest Bitcoin Cash Blocks by Mining Pool (last 7 days)

Latest Bitcoin Cash Blocks by Mining Pool (last 7 days) submitted by Egon_1 to btc [link] [comments]

block.one invests in Northern Data 180 MegaWatt bitcoin mining operation, with option to upsize to 300MW. B1 CEO, Brendan Blumer, states it will be powered by EOSIO. My question is how is the EOSIO software related to Bitcoin mining?

block.one invests in Northern Data 180 MegaWatt bitcoin mining operation, with option to upsize to 300MW. B1 CEO, Brendan Blumer, states it will be powered by EOSIO. My question is how is the EOSIO software related to Bitcoin mining? submitted by ColinTalksCrypto to eos [link] [comments]

ABC officially forking: All newly mined blocks must contain an output assigning 8% of the newly mined coins to a specified address. While some may prefer that Bitcoin ABC did not implement this improvement, this announcement is not an invitation for debate.

ABC officially forking: All newly mined blocks must contain an output assigning 8% of the newly mined coins to a specified address. While some may prefer that Bitcoin ABC did not implement this improvement, this announcement is not an invitation for debate. submitted by zhell_ to btc [link] [comments]

Rollercoin. Online Bitcoin Mining!!! 200 Satoshi for free!!! Block reward increased X2!!! New update!!!!

New update!!! Inventory is here. Previously the number of miners you could buy was limited to the rack’s space you have. If you have bought some basic miners at the start of the game and now want to replace it with something more powerful – go ahead and do that!
Earn real bitcoins. Build Virtual data center and start earning Bitcoin, Ethereum or Doge.
Play fun and addictive side-missions, tasks, and mini-games to increase your mining power. The more powerful your miner is, the more bitcoins you earn.
Ethereum and DOGE withdraw is here!! Now you can withdraw ETH and DOGE with very low minimum!!!
Block reward increased by 2!!!!
Join discord for help in the first steps and play with cctip bot!!
Here is my referal link. Register now and get 200 Satoshi for free: https://rollercoin.com/?r=k7p0mi77
submitted by Mortaix to Referral [link] [comments]

OMG. Bitcoin Core took approximately 345,600 secs to load every block - 4 days! Now, what to do? I’m interested in mining but not sure what equipment to invest in nowadays. Any suggestions?

OMG. Bitcoin Core took approximately 345,600 secs to load every block - 4 days! Now, what to do? I’m interested in mining but not sure what equipment to invest in nowadays. Any suggestions? submitted by jocryptodamoon to Bitcoin [link] [comments]

Could Bitcoin mining have begun before block 0? I mean the current Bitcoin may just be a hard-fork. Could there be another Bitcoin blockchain that we are not aware of?

submitted by cryptosaulbuffmomo to Bitcoin [link] [comments]

Rollercoin. Online Bitcoin Mining!!! 200 Satoshi for free!!! Block reward increased X2!!! Last day of -65% ON ALL EQUIPMENT and -10% ON RLT PURCHASES WITH ETH

Largest sale in RollerCoin ever!!!! Last day with bigs disscounts on miners. -65% ON ALL EQUIPMENT and -10% ON RLT PURCHASES WITH ETH!!
New update!!! Inventory is here. Previously the number of miners you could buy was limited to the rack’s space you have. If you have bought some basic miners at the start of the game and now want to replace it with something more powerful – go ahead and do that!
Earn real bitcoins. Build Virtual data center and start earning Bitcoin, Ethereum or Doge.
Play fun and addictive side-missions, tasks, and mini-games to increase your mining power. The more powerful your miner is, the more bitcoins you earn.
Ethereum and DOGE withdraw is here!! Now you can withdraw ETH and DOGE with very low minimum!!!
Block reward increased by 2!!!!
Join discord for help in the first steps and play with cctip bot!!
Here is my referal link. Register now and get 200 Satoshi for free: https://rollercoin.com/?r=k7p0mi77
submitted by Mortaix to Referral [link] [comments]

Block.one explores Bitcoin and Ethereum mining

Block.one explores Bitcoin and Ethereum mining submitted by EthTraderCommunity to ethtrader [link] [comments]

Rollercoin. Online Bitcoin Mining!!! 200 Satoshi for free!!! Block reward increased X2!!! For the next 2 days -65% ON ALL EQUIPMENT and -10% ON RLT PURCHASES WITH ETH

Largest sale in RollerCoin ever!!!! For the next 2 days it will be bigs disscounts on miners. -65% ON ALL EQUIPMENT and -10% ON RLT PURCHASES WITH ETH!!
New update!!! Inventory is here. Previously the number of miners you could buy was limited to the rack’s space you have. If you have bought some basic miners at the start of the game and now want to replace it with something more powerful – go ahead and do that!
Earn real bitcoins. Build Virtual data center and start earning Bitcoin, Ethereum or Doge.
Play fun and addictive side-missions, tasks, and mini-games to increase your mining power. The more powerful your miner is, the more bitcoins you earn.
Ethereum and DOGE withdraw is here!! Now you can withdraw ETH and DOGE with very low minimum!!!
Block reward increased by 2!!!!
Join discord for help in the first steps and play with cctip bot!!
Here is my referal link. Register now and get 200 Satoshi for free: https://rollercoin.com/?r=k7p0mi77
submitted by Mortaix to Referral [link] [comments]

Rollercoin. Online Bitcoin Mining!!! 200 Satoshi for free!!! Block reward increased X2!!! For the next 10 days -65% ON ALL EQUIPMENT and -10% ON RLT PURCHASES WITH ETH

Largest sale in RollerCoin ever!!!! For the next 10 days it will be bigs disscounts on miners. -65% ON ALL EQUIPMENT and -10% ON RLT PURCHASES WITH ETH!!
New update!!! Inventory is here. Previously the number of miners you could buy was limited to the rack’s space you have. If you have bought some basic miners at the start of the game and now want to replace it with something more powerful – go ahead and do that!
Earn real bitcoins. Build Virtual data center and start earning Bitcoin, Ethereum or Doge.
Play fun and addictive side-missions, tasks, and mini-games to increase your mining power. The more powerful your miner is, the more bitcoins you earn.
Ethereum and DOGE withdraw is here!! Now you can withdraw ETH and DOGE with very low minimum!!!
Block reward increased by 2!!!!
Join discord for help in the first steps and play with cctip bot!!
Here is my referal link. Register now and get 200 Satoshi for free: https://rollercoin.com/?r=k7p0mi77
submitted by Mortaix to Referral [link] [comments]

What is Bitcoin Mining? (In Plain English) - YouTube How To Mine 1 Bitcoin in 10 Minutes - Blockchain BTC Miner ... A look inside America's largest Bitcoin mining operation ... Bitcoin and cryptocurrency mining explained - YouTube Bitcoin Mining Rig with Block Erupters - YouTube

When bitcoin was first mined in 2009, mining one block would earn you 50 BTC. In 2012, this was halved to 25 BTC. By 2016, this was halved again to the current level of 12.5 BTC. Bitcoin is unique, however, since the block reward schedule is public. All Bitcoin users and miners know the approximate date of each halving, meaning the Bitcoin price may not be affected when the halving happens. Bitcoin’s first block halving happened on November 28, 2012. The block reward dropped from 50 bitcoins per block to 25 per block. The Block Reward; Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). Bitcoin transactions are broadcast to the network by the sender, and all peers trying to solve blocks collect the transaction records and add them to the block they are working to solve. Miners get incentive to include transactions in ...

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What is Bitcoin Mining? (In Plain English) - YouTube

Start mining Bitcoin today: https://pool.bitcoin.com Video: Inside America’s largest Bitcoin mining operation http://bitshare.cm/news/inside-americas-largest... A quick run down on Friedcats ASICMiner Block Erupter Cube that I am selling on ebay. Its brand new, never used or mined with. Your NEW ASICMiner Block Erupt... This video goes over my 7 day 1 week Bitcoin Mining experiment. I let my computer Mine for Bitcoin for a week straight, to see how much money I could generat... *****UPDATE***** Solo mining has been removed from client. I'll keep the video up for how it used to work, it might still work for some alt coins (unsure) yo... What do you need to mine one Bitcoin BTC coin in 2020? Let's review Bitcoin mining profitability and what BTC mining rigs you would need to mine an entire co...

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